Opening near S/R line of $380.60. 5DMA flattening. Support tests possible on several VWAPs. Main trend is down with 50DMA and 20DMA declining. No long or short swings. Day trades only for me!
50DMA down 20DMA down 5DMA down Opening set to be a gap down Support and resistance targets presented in the video Monday is a holiday so expect the market to wind down volume tomorrow and maybe today.
50DMA down 5DMA down Officially > 20% down from the year high Opening within yesterday's trade range. Looking for price to test yesterday's highs. If it breaks through then test lows of May. If price breaks down then test the VWAP of pre-COVID high.
50 DMA down 5 DMA down Premarket price action is set to open at or below the lows of 2022 - testing the VWAP from March of 2022 (COVID shutdown low point in the market). Potential support and resistance test zones presented in the video.
50DMA down 5DMA up Intraday trades only. Targets presented in the video.
50DMA down 5DMA up Meaningful VWAPs descending ABOVE the Fed VWAP Intraday trend up ("Guilty until proven innocent") Price set to open above yesterday's close. Possibly test Fed VWAP and yesterday's HOD. Targets presented in the video. No real trade set up observed.
50DMA down 5DMA flat to rising VWAPs down Fed VWAP possible resistance as well as daily resistance around 399 - 400 If those levels become support then the next daily target is presented in the video. If those levels act as resistance then the next intraday and daily target is presented in the video.
50DMA down 5DMA down All VWAPS down Guilty until proven innocent daily Looks like price likely to move up and test May 12 VWAP and resistance, next target up would be Fed VWAP. Short side target intraday would be yesterday's lows, then the intraday support.
Kohls has ER tmrw in pre market .. picked up puts confident it can drop some more. There is a gap to be filled near 33$ -- in all honesty I think this could be worth $20 a share but who knows.
Here are 3 stocks im watching today. Good Luck! I feel bullish on AR AMD and Ford. Lets see how everything plays out today. Happy Trading
Asset markets are still overbought on the yearly scale, but really, shorting right here seems like asking for a slap in the face. I won't fall for the new popular narrative of panic shorting and everyone suddenly unloading their bags only AFTER a massive drop. I am a contrarian by necessity, not for convenience. I'll short when the crowd is comfortable going long...
Head And Shoulder forming in pre market Scenarios: 1) if broke right Leg will sell off continuous to the next Support at $4272 then if broke will going to $4280 2) If Market Bouncing Back keep on watch above $ 4385 For Long Play keep on Watch (Daily MA200 @ 4424.75) Good Luck
DOCU with the premarket dump that has occurred has found its place sitting on the 4.618 fib circle line Price from here will likely have a sharp recovery, back to the major trend line Opportunity to grab these on the cheap
Pupm&Dump trading strategy idea. $TMC is rising too much today. The demand for shares of the company looks lower than the supply. This and other conditions can cause a fall in the share price today. So I opened a short position from $14,67; stop-loss — $15,75; take-profit — $12,52/MOC Do not view this idea as a recommendation for trading or investing. It is...
Pupm&Dump trading strategy idea. $SESN is rising too much today. The demand for shares of the company looks lower than the supply. This and other conditions can cause a fall in the share price today. So I opened a short position from $5,29; stop-loss — $5,47; take-profit — $4,92/MOC Do not view this idea as a recommendation for trading or investing. It is...
Pupm&Dump trading strategy idea. $AEMD is rising too much today. The demand for shares of the company looks lower than the supply. This and other conditions can cause a fall in the share price today. So I opened a short position from $5,27; stop-loss — $5,50; take-profit — $4,82/MOC Do not view this idea as a recommendation for trading or investing. It is...
Pupm&Dump trading strategy idea. $QS is rising too much today. The demand for shares of the company looks lower than the supply. This and other conditions can cause a fall in the share price today. So I opened a short position from $23,24; stop-loss — $23,85; take-profit — $22,02/MOC Do not view this idea as a recommendation for trading or investing. It is...
Uber resisted recent market sentiment and stayed green at the end of the day. Now, it's up with a 5% lead after some good news. Now, as a day trade, I'm looking for a gap fill down to buy the bottom or a slow trend up. The yellow lines are s/r from weekly lines. These can be key supports and predictably the first line it will test if we see a downwards motion on open.